£218,742
This estimated value is based upon the latest sale price for the house of £201,500 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£201,500 | 10 Sep 2021 |
£159,950 | 27 Jun 2014 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £201,500 results in an estimated price of approximately £218,742.
10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £201,500 | £17,242 | £218,742 |
The Postcode Pricing Model uses changes in average sales price within the NE25 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -44.599 % | £-89,867 | £111,632 |
3 Month Average | 27.947 % | £56,314 | £257,814 |
6 Month Average | 7.018 % | £14,140 | £215,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jun 2024 | £265,000 | £265,000 | 81 HAMPTON ROAD |
20 Dec 2023 | £214,594 | £208,000 | 9 BEDALE DRIVE |
1 Dec 2023 | £310 | £300 | 24 ZETLAND DRIVE |
27 Nov 2023 | £251,381 | £245,000 | 9 SHIELDS ROAD |
17 Nov 2023 | £333,465 | £325,000 | 18 BARRINGTON AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Jul 2014. Using an estimated price of £218,742 means this house is valued at £2,187 per sq meter (£203 per sq foot).
The average size of a house on BEDALE DRIVE is 117 sq meters (1,265 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotswold Drive |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Anti-social behaviour | On or near Supermarket | |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |